AfriPulse
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The Economic Intelligence Unit has noted that the current economic hardship and fall in standard of living will cause electorates to abandon the New Patriotic Party (NPP) come 2024.
In its latest assessment, the EIU has projected a change in government – where the ruling party hands over power to the opposition National Democratic Congress (NDC).
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“Our baseline forecast is that economic hardships, the fallout from debt restructuring and poor governance will create an anti-incumbency wave and push the electorate to seek change.
“The NDC therefore stands a strong chance of winning the 2024 presidential poll,” parts of the report read.
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Also, the NDC is tipped to have the “majority” in Parliament.
The 8th Parliament is a hung Parliament
The London-based analyst reiterated that the shift in power shall be “driven by anti-incumbency sentiment and public discontent with the current government over worsening living standards.”
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The Member of Parliament for Abetifi, Bryan Acheampong, has also communicated that the NPP will work tirelessly to ensure the NPP retains power.
The recent report however does not indicate whether whoever stands as flagbearer for the NDC could increase or thwart the party’s chances.
In EIU’s previous report, it did indicate that the opposition party can revitalise the prospect of victory with a fresh presidential candidate. But that projection was quashed by the National Communications Officer of the party, Sammy Gyamfi, who said former President John Mahama remains the best candidate.
Meanwhile, EIU expects “policy to continue to focus on ensuring macroeconomic stability,” irrespective of who retains power.
Also, it anticipates that the new government “will face similar economic challenges to those its predecessor did” however, the “overall political stability will be maintained, as Ghana’s main parties and citizens have faith in the country’s well-established democratic institutions and confidence that any transfer of power will be fair”.
Source: The Independent Ghana
Source: TheIndependentGhana | Read More
